The strength of recent economic data have convinced many investors that the Fed will push rates higher than they initially anticipated
Data’s strength convinces many that interest rates will be pushed higher than they initially anticipated
Federal-funds futures show investors see about a 2% chance that the Federal Reserve does what it said it would do at its last meeting. That could have some serious consequences for investors and for the U.S. economy. WSJ’s Dion Rabouin explains. Illustration: Rami AbukalamInvestors are starting to worry that may ultimately be bad news for markets.
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